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4-Traders Homepage  >  Equities  >  Italian Stock Exchange  >  Tenaris SA    TEN   LU0156801721

End-of-day quote. End-of-day quote  - 08/25
12.57 EUR   -1.26%
08/05 TENARIS : Announces 2016 Second Quarter Results
08/04 TENARIS : Wedge 563® Dopeless® connections improve efficiency in the..
08/03 TERNIUM : Tenaris anuncia los resultados del segundo trimestre de 20..
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Argentina's Merval Edges Up as Stocks End Week Mixed

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02/22/2013 | 11:47pm CEST
   By Taos Turner 
 

BUENOS AIRES--Argentina's benchmark stock index rose slightly Friday as stocks closed almost evenly split between gains and losses while bonds were also mixed.

The Merval stock index rose 0.51% to 3,140.38 in volume totaling ARS51 million ($10.1 million).

Steel producer Tenaris SA (TEN.MI, TS) led the gains, rising 3.9% to ARS161.45. It was easily the most-traded stock. State-run oil company YPF SA (YPFD.BA, YPF), which fell 2.2% to ARS115.95, was another heavily traded stock.

The AA17 2017 bond rose 0.63% to ARS637.50. The TVPA GDP Warrant, a security whose performance is tied to economic growth, fell 0.11% to ARS43.80.

Argentina's black-market peso strengthened a tad to ARS7.8 to the dollar, according to financial daily El Cronista.

Argentina strictly rations the sale of dollars and other currencies, forcing many people into the black market if they really need other currencies for travel or to save.

The official exchange rate closed at ARS5.0300 on the MAE wholesale currency market, compared with ARS5.0295 in the previous session.

Write to Taos Turner at taos.turner@dowjones.com

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(MORE TO FOLLOW) Dow Jones Newswires

02-22-13 1746ET

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Latest news on TENARIS SA
08/05 TENARIS : Announces 2016 Second Quarter Results
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08/03 TERNIUM : Tenaris anuncia los resultados del segundo trimestre de 2016
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Financials ($)
Sales 2016 4 874 M
EBIT 2016 -5,64 M
Net income 2016 20,4 M
Finance 2016 1 313 M
Yield 2016 2,77%
P/E ratio 2016 555,63
P/E ratio 2017 58,44
EV / Sales 2016 3,22x
EV / Sales 2017 2,69x
Capitalization 16 986 M
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Sell
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Mean consensus HOLD
Number of Analysts 14
Average target price 15,2 $
Spread / Average Target 6,2%
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Managers
NameTitle
Paolo Rocca Chairman & Chief Executive Officer
Edgardo Carlos Chief Financial Officer
Carlos Pappier Chief Process & Information Officer
Marcelo Ramos Technology Director
Roberto Luis Monti Independent Director
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